Definition: This entry gives spending on defense programs for the most recent year available as a percent of gross domestic product (GDP); the GDP is calculated on an exchange rate basis, i.e., not in terms of purchasing power parity (PPP).

Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2014

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Countries spending the most on the militaryUSA Today - 7/12/2014 6:39:15 AM
Like many of the countries with the biggest military budgets, Saudi Arabia benefits from one of the world's largest oil reserves. At 9.3%, the country's spending as a percentage of GDP was second only to Oman, another oil-rich nation in the Middle East.

Military expenditure - percentage of GDP in highest spending countries 2015www.statista.com - 12/1/2016 10:30:56 AM
Forecast increase in military and defense spending 2010-2020, by world region Forecast ... in Asia Pacific in 2015, by country Military expenditure in Asia Pacific in 2015, by country Military expenditures - percentage by region 2015 Military expenditures ...

What Percent of GDP Do Countries Spend on Their Military?wisegeek.com - 11/13/2016 11:59:41 PM
GDP is usually calculated by adding up all of the spending within a ... strength or overall power of that military. The following table shows the countries around the world that have traditionally spend the highest percentage of their published GDP on ...

The Biggest Military Budgets As A Percentage Of GDP [Infographic]Forbes - 6/25/2015 1:01:07 PM
No country ... States in military expenditure. In 2014, US military spending reached $571 billion, a huge distance ahead of second placed China’s $129.4 billion. However, when military budgets are viewed as a percentage of a nation’s GDP, things ...

Military Expenditures as a Percentage of GDPhighered.mheducation.com - 11/29/2016 3:26:47 PM
in many of the world's developing countries, military expenditures have risen between 15 percent and 20 percent per year for the past few years, averaging out to 7. 5 percent per year for the past quarter century. Even though many developing countries ...

Military Spending: U.S. vs. the Rest of the Worldrealclearpolicy.com - 10/6/2015 11:59:13 PM
We can compare military spending in the U.S. with military spending ... Combining the two datasets, I am left with 141 countries which together account for 97 percent of world GDP. The 140 countries other than the U.S. spent a combined $1.9 trillion ...

US world's biggest military spender by far: studyalarabiya.net - 6/8/2008 11:54:33 PM
or GDP, and 202 dollars for each of the world's 6.6 billion people. The United States spends by far the most towards military aims, dishing out 547 billion dollars last year, or 45 percent of global expenditure, and more than all the other countries in the ...

5 Countries With the Highest Military ExpenditureThe Huffington Post - 11/29/2011 3:07:16 AM
After all, we would certainly expect that a large country with one of the world's largest economies like ... Saudi Arabia is the only country in the top 15 for military expenditure that has a higher percent of its GDP dedicated to the military.

Russia third in world in military spending - SIPRIRussia & India Report - 4/22/2015 1:26:54 PM
According to Zatsepin, the world average military burden on the economy in 2014 was 2.4 percent of GDP, which is the relative amount countries allocate to military spending on average. For example, according to NATO requirements, alliance member countries ...

What Percent of Gdp Do Countries Spend on Their Military?brainz.org - 12/2/2016 7:37:57 AM
Based on the information printed on the CIA World Factbook, the government spending ... very large 33.9 percent of its gross domestic product on its military. A list of the top spenders in the military based on the GDP is listed below: Country Percentage ...

10 countries spending the most on their militaryMarket Watch - 9/3/2014 4:53:27 AM
They also reviewed GDP and GDP growth figures from the International Monetary Fund. Based on SIPRI’s 2013 data, these are the countries spending the most on military ... the world’s largest oil reserves. At 9.3%, the country’s spending as a ...